Air Date: 09/02/2010
What is the significance of the current Tea Party movement? How did it get started? Where is it going from here? What are some cautions as this grassroots movement continues to gather steam?
Panelist Stephen Bannon discussed the significance of the current Tea Party movement, the state of the Republican and Democratic Party, and Governor Sarah Palin, Glen Beck and the upcoming November election.
Panelist David Webb also discussed many hot topics and issues pertaining to the Tea Party.
The panelists also talked about the economic issues, including how the consolidation of product and service providers made possible by Wall Street has enabled a large transfer of wealth and separation of the classes.
Panelist Andy Badolato explained how to develop new business models and policies to stimulate entrepreneurship and reinvigorate small businesses. As the founder and CEO of the E3 Corporation, Mr. Badolato is currently developing new business models that restore America’s small businesses, manufacturing base and localized economies; as Mr. Badolato says, “It’s about Main Street, not Wall Street.”
ABOUT THE PANELIST:
Stephen Bannon is an award-winning filmmaker of such critically acclaimed movies as In The Face of Evil, The Last 600 Meters, Titus Andronicus, and Generation Zero. One of the co-founders of the National Tea Party Federation, Mr. Bannon served as a Surface Warfare Officer in the United States Navy, with four years of sea duty onboard the destroyer U.S.S. Paul F. Foster (DD964) with the Pacific Fleet. Mr. Bannon served as Special Assistant to the Chief of Naval Operations in the Pentagon and was awarded the Navy Expeditionary Medal for service in the Persian Gulf in 1979 and 1980. A graduate of Virginia Polytechnic Institute, Mr. Bannon also holds a Masters Degree in National Security Studies from Georgetown University with honor as well as an MBA from Harvard Business School with honors. Mr. Bannon lives in Laguna Beach , CA and has a daughter attending The United States Military Academy at West Point .
David Webb is the host of The Grinder on AM 970 New York City. Mr. Webb has a distinguished history with over 20 years of entertaining and informing the public. Mr. Webb has appeared on the FOX News Network and has been featured on radio, TV and in print, nationally and internationally. Mr. Webb is a contributing editor to FamilySecurityMatters.org, American Solutions, and the fill-in host for Andrew Wilkow on SIRIUS Patriot 144 and XM America Right 166. Active in politics on the local and national level, David co-founded TeaParty365 in New York City, a non-partisan, non-profit advocacy group for fiscal responsibility. He is also the co-founder of the Black Forum, Black Republican Forum and American Forum Series. Mr. Webb also has consulted for the Coalition For A Secure Drivers License and for political campaigns from municipal to gubernatorial.
Andy Badolato is the founder and CEO of the E3 Corporation. E3 is developing new business models that rebuild and restore America’s small businesses, manufacturing base and localized economies. Mr. Badolato has 22 yrs experience in Venture Capital, Technology Transfer, M&A transactions, Mezzanine and Public equity financings; and the creation, business development, and oversight of public and private companies. Mr. Badolato has been a co- founder and or early stage investor in 23 plus companies that have raised over one billion in private equity and obtained an aggregate high market capitalization of over 29 billion dollars. He was the founder, President and Director of MILCOM Technologies successfully licensing over 1.6 billion dollars of research and development from Lockheed Martin. MILCOM, a leader in commercializing technologies that originate in the defense industry, has launched thirteen companies that have obtained over 600 million dollars in venture capital. In 2000, two companies that Mr. Badolato co-founded were given awards for job creation and technology growth by IT Florida, a state advocacy group that oversees Florida based corporate technology development. Mr. Badolato was VP Corporate finance of St James, the founder and initial seed round investors of Inktomi, a company that obtained a 20 billion dollar public market valuation. As the founding President and Director of SinoFresh HealthCare, Inc, a developer and marketer of innovative therapies to treat inflammatory and infectious diseases of the upper respiratory system, Mr. Badolato successfully launched the company’s lead product, SinoFresh(TM) Nasal, Oral & Sinus Care, to a national distribution contract making it available in over 20,000 retail outlets nationwide. Mr. Badolato is a cofounder of The Renewable Corporation. He also is Managing Director of White Knights & Vultures LLC., a Venture Capital and corporate M&A consulting firm. Mr. Badolato graduated from St. Thomas of Villanova University in Miami, Florida, with a Bachelors of Arts in Business. www.andybadolato.com or www.facebook.com/andy.badolato